Ireland’s Deputy PM: We Won’t Budge on Corporate Tax

Ireland’s Deputy Prime Minister Mary Coughlan said the austerity budget under debate would not include changes in the country’s corporate tax rate. The 12.5% corporate rate, one of the lowest in the EU, which Ireland uses to lure co.’s to base their businesses in Ireland, was “non-negotiable,” Coughlan said, the British Broadcasting Corp. reported Saturday. – UPI